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#1451 by ARRHong Kongwelab.co ↗

WeLab

Pan-Asian fintech group that runs WeLab Bank, an AI-first digital bank in Hong Kong, plus consumer lending and fintech technology services for retail and enterprise clients.

FintechDigital BankingConsumer LendingAI BankingWealth Management
ARR
$120M revenue (est.)
as of Oct 2026
Employees
203
as of Oct 2026
Valuation
$1B
8.3× ARR
ARR / employee
$591K
revenue efficiency
About WeLab

WeLab operates WeLab Bank, a licensed Hong Kong virtual bank, along with mobile consumer lending in mainland China and Indonesia. It also sells Technology-as-a-Service to financial institutions. It serves over 70 million registered users and 700+ enterprise clients. It earns revenue from B2C lending, deposits and wealth (GoWealth), and B2B/B2B2X tech licensing. In January 2026 it announced a US$220M Series D from Prudential, Fubon Bank, HKIC, Allianz X, HSBC and TOM Group. WeLab Bank posted HK$492M revenue in H1 2026.

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